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> The Council of Europe (CoE) has nothing to do with the EU, you're probably confusing it with the European Council (EUCO) Yes! Thanks for the correction! I di
by alephnerd 1y ago
> The Council of Europe (CoE) has nothing to do with the EU, you're probably confusing it with the European Council (EUCO)
Yes! Thanks for the correction! I did mean the Council of Ministers
> So, no, Ireland can't unilaterally block any such legislation, it has to convince other countries to join in
Yep, but my point still stands.
Poland, Romania, Czechia, and Bulgaria have overwhelmingly profited from FDI from American BigTech players - they were the largest winners in the GCC and outsourcing rush of the early-to-mid 2020s due to very pro-business subsidizes and tax incentives.
Ireland has also continued to overwhelmingly profit from it's very American business friendly tax legislation.
All these countries have enough pull together to push back on any attempts at coercing American tech companies in a manner that other EU members may want.
Furthermore, they themselves have shown how the EU can better attract American companies to build a European presence - they need to become friendly to FDI and foreign players potentially dominating a market.
The issue is Germany and France (logically) tend to oppose this as their own domestic competitors are getting undercut.